Invesaro

Stocks MICC Financial statements

Financial statements

Magnum Ice Cream Co N.V. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Magnum Ice Cream Co N.V. files with the SEC in its annual reports.

In EUR millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue7,6187,9477,910
Cost of revenue5,0225,1735,171
Gross profit2,5962,7742,739
Research and development929288
Selling, general and administrative1,7421,8101,822
Operating income742764599
Pre-tax income712747447
Income tax203152140
Net income to minority interests171614
Net income492579293
EBITDA1,0991,140937
EPS, basic0.48
EPS, diluted0.48

Balance sheet

FY2023FY2025FY2025
Cash and equivalents70441
Receivables6351,790
Inventory920873
Total current assets1,6293,157
Property, plant and equipment2,2232,176
Lease right-of-use assets132130
Goodwill585510
Intangible assets793731
Total assets5,5217,488
Accounts payable1,8182,921
Total current liabilities2,0293,107
Total liabilities2,7206,855
Shareholders' equity2,778625
Minority interests238
Total equity2,5352,801633
Total liabilities and equity5,5217,488

Cash flow statement

FY2023FY2025FY2025
Net income509595307
Depreciation and amortization357376338
Cash from operations9141,113483
Capital expenditures-278-321-357
Cash from investing-854-359-315
Debt issued23,078
Debt repaid-3
Dividends paid-11-83
Cash from financing-51-737205
Exchange rate effect-2-4
Free cash flow636792126
Income taxes paid230140166

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Gross margin34.6%Gross profit / revenue.
Operating margin7.6%Operating income / revenue.
EBITDA margin11.8%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin5.7%Pre-tax income / revenue.
Net margin3.7%Net income / revenue.
FCF margin1.6%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin6.1%Cash from operations / revenue.
Effective tax rate31.3%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)17.2%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)4.5%Net income / average total assets.
Return on invested capital (ROIC)28.5%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue1.1%Research and development expense / revenue.
SG&A / revenue23.0%Selling, general and administrative expense / revenue.
Capex / revenue4.5%Capital expenditures / revenue.
D&A / revenue4.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-0.5%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y-1.3%Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y-21.6%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y-17.8%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-49.4%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-56.6%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y-84.1%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-77.5%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y35.6%Total assets vs the same period a year earlier. Only from a positive base.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.02xCurrent assets / current liabilities.
Quick ratio0.72x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.14x(Cash + short-term investments) / current liabilities.
Liabilities / assets91.5%Total liabilities / total assets.
Working capital€50.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets16.6%(Goodwill + intangible assets) / total assets.
Tangible book value-€616.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.22xRevenue / average total assets.
Fixed asset turnover3.60xRevenue / average property, plant and equipment.
Inventory turnover5.77xCost of revenue / average inventory.
Days inventory63 days365 x average inventory / cost of revenue.
Receivables turnover6.52xRevenue / average receivables.
Days sales outstanding56 days365 x average receivables / revenue.
Days payables167 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-48 daysDays inventory + days sales outstanding - days payables.
FCF conversion43.0%Free cash flow / net income, when net income is positive.
Capex / operating cash flow73.9%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted€0.48Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic€0.48Net income per basic share, as reported (split-adjusted).
Payout ratio28.3%Dividends paid / net income, when net income is positive.
Dividends / FCF65.9%Dividends paid / free cash flow, when free cash flow is positive.
What was Magnum Ice Cream Co N.V.'s revenue in fiscal 2025?

Magnum Ice Cream Co N.V. reported revenue of €7.91B for fiscal 2025, 0.5% lower than the year before.

Was Magnum Ice Cream Co N.V. profitable in fiscal 2025?

Yes. Net income was €293.0M, a net margin of 3.7%.

How much free cash flow did Magnum Ice Cream Co N.V. generate in fiscal 2025?

Cash from operations of €483.0M minus capital expenditures of €357.0M left free cash flow of €126.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

Open interactive statements, quarterly figures and charts

Back to Magnum Ice Cream Co N.V.